Vardhman Airport Solutions Product Development Engineer Salaries by 4 Employees

1 - 15 years exp.

₹3.5 Lakhs - ₹5.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

44% less than the average Product Development Engineer Salary in Aviation Companies for 1 - 15 years of experience

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Last Updated: 23 Dec 2023

Companies similar to Vardhman Airport Solutions for Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Phenom Product Development Engineer Salary 1 - 4 years exp. (202 salaries)	₹6 L/yr - ₹21.2 L/yr 171% more	7 job openings
Comviva Technology Product Development Engineer Salary 0 - 2 years exp. (193 salaries)	₹6 L/yr - ₹9.5 L/yr 53% more
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TE Connectivity Product Development Engineer Salary 1 - 9 years exp. (140 salaries)	₹4 L/yr - ₹15 L/yr 105% more	9 job openings
HARMAN Product Development Engineer Salary 1 - 5 years exp. (85 salaries)	₹4 L/yr - ₹14 L/yr 77% more
UST Product Development Engineer Salary 2 - 6 years exp. (68 salaries)	₹3 L/yr - ₹10.2 L/yr 33% more

Product Development Engineer salary at Vardhman Airport Solutions ranges between ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Vardhman Airport Solutions.

Experience wise Vardhman Airport Solutions Product Development Engineer salaries

Last Updated: 23 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
10 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
11 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
13 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
14 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
15+ years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr

View all

Salary related reviews for Vardhman Airport Solutions

1.0

Rated by 1 employees for salary & benefits

Product Development Engineer in New Delhi

Full Time

Research & Development Department

1.0

• posted on 06 Aug 2023

1.0

for Salary and Benefits

Likes

Salary on time. Learning.

Dislikes

Unnecessary hustle. Unprofessional HR with zero knowledge of HR management. Less salary and only sycophants will get the benefits. Some managers have zero knowledge of their work still getting maximum benefits because they are close one's of top management.

Salary - Bad

+4 more

Assistant Manager in New Delhi

Health & Safety Department

1.0

• posted on 30 Dec 2021

1.0

for Salary and Benefits

Likes

The Operations team was good, but above that the management consider you as a slave.

Dislikes

...time. No one considers the effort the employee put to the growth of the company. Always the management ends up in the decision of "Cut/hold his salary" .

Salary - Bad

+6 more

Technician in Amritsar Airport

Production, Manufacturing & Engineering Department

1.0

• posted on 11 Sep 2022

1.0

for Salary and Benefits

Likes

I hate that type of company which spoil the future of employees never join that type of company

Dislikes

...t, team behaviour specially company directors have no manners that how to speak. They hold salary without any reasons. Zero percent job security. Feel mental stress a lot

Salary - Bad

+6 more

Sales Support Engineer in New Delhi

Full Time

Sales & Business Development Department

4.0

• posted on 20 Feb 2024

3.0

for Salary and Benefits

Likes

I started my career in Vardhman (was 1st employee) and learned a lot in my overall tenure of 2 years. Likes: - 1. Overall Environment of the Company. 2. Vison and Approach of promotors. 3. Scale of learning 4. Behavior of Directors

Skill development - Good

+4 more

Dislikes

Nothing much!

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Vardhman Airport Solutions Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at Vardhman Airport Solutions ?

The average salary of a Product Development Engineer at Vardhman Airport Solutions in India typically ranges from ₹3.5 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 1 year to 15 years).

The top 10% of Product Development Engineer at Vardhman Airport Solutions earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Product Development Engineer Salaries at Vardhman Airport Solutions can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Vardhman Airport Solutions employees in India.

What is the estimated take home salary of a Product Development Engineer at Vardhman Airport Solutions in India?

The estimated take-home salary of a Product Development Engineer at Vardhman Airport Solutions in India typically ranges from ₹33,245 to ₹34,511 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 1 year to 15 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Vardhman Airport Solutions. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Vardhman Airport Solutions for Product Development Engineer in India?

Phenom	₹6.0 Lakhs to ₹21.2 Lakhs per year
TE Connectivity	₹4.0 Lakhs to ₹15.0 Lakhs per year
HARMAN	₹4.0 Lakhs to ₹14.0 Lakhs per year
Comviva Technology	₹6.0 Lakhs to ₹9.5 Lakhs per year
UST	₹3.0 Lakhs to ₹10.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Vardhman Airport Solutions, depending on the role and experience level.

How the salary growth look like for a Product Development Engineer at Vardhman Airport Solutions in India?

The salary growth for a Product Development Engineer at Vardhman Airport Solutions depends on factors such as experience, performance, and promotions. On average, a Product Development Engineer can expect the following growth trajectory at Vardhman Airport Solutions:

Experience	Average Salary Range
1 year	₹3.2 Lakhs to ₹4.0 Lakhs per year
2 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
3 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
4 years	₹3.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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Vardhman Airport Solutions Product Development Engineer Salaries

Vardhman Airport Solutions Product Development Engineer salary in India ranges between ₹3.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Vardhman Airport Solutions latest salaries received from various employees of Vardhman Airport Solutions.